Commencement Bancorp Inc and Commencement Bank Announce New EVP Chief Financial Officer and SVP Finance and Accounting Manager

July 31, 2024
Brandi Parker

TACOMA, WASH. – Commencement Bancorp, Inc. (OTCQX:CBWA) (the “Company”) and Commencement Bank (the “Bank”) announced today that Brandi Parker joined the Bank as Executive Vice President and Chief Financial Officer on July 29th, 2024, along with Mandie Ereth as Senior Vice President and Finance & Accounting Manager. Parker and Ereth came from Olympia-based Heritage Bank, where they held positions in the finance department. Both are highly accredited as Certified Public Accountants with master’s degrees in accounting.

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“We are excited to welcome Brandi and Mandie to our growing team. They both have impressive backgrounds in finance and accounting and will be great additions to Commencement. We are looking forward to utilizing their skill sets to create new efficiencies, analyze data, and enhance our reporting processes,” said John E. Manolides, Chief Executive Officer.

Parker has over 20 years of finance and accounting experience with proficiencies in SEC filings, budgeting, financial forecasting, asset liability management, and data analytics. Prior to starting her banking career, she worked at KPMG as an accountant. Brandi is also a graduate of Pacific Coast Banking School. 

Ereth has 20 years of experience in bank accounting and finance with expertise in areas including call reports, monthly and yearly financial statements, asset liability management, budgeting, profitability modeling, and financial forecasting. 

The team began on July 29th (Parker) and July 30th (Ereth).